System and method for single action selling of event ticket

Abstract

A system transforms one or more inputs to determine a price for a ticket and presents this price for single action selection.

What is claimed is: 
     
       1. A ticket transfer system, comprising:
 a periodic clock device; 
 a server to accumulate demand signals generated by a plurality of client devices, the demand signals for access to an upcoming event; 
 a tracker applying an output of the periodic clock device to track a current time in relation to a window of time before the upcoming event; 
 algorithm logic adapted to apply the current time in relation to the window of time from the tracker and accumulated demand signals from the server to determine a logarithmic decay to a price of an electronic ticket as a start time for the event approaches, and an exponential decay to the price of the electronic ticket after the start time passes; and 
 a user interface configured to be displayed on a machine display of a client device, the user interface periodically reconfigured by the server to display the ticket price in conjunction with a single action control, activation of the single action control:
 effecting a transfer of ownership of the electronic ticket; and 
 initiating one or more machines to regenerate the ticket and to send a regenerated version of the ticket to a client device of a purchaser of the ticket. 
 
 
     
     
       2. The ticket transfer system of  claim 1 , further comprising:
 the algorithm logic obtaining inputs from sensors identifying physical locations of client devices of potential buyers of the ticket within a determined distance of a venue of the event and applying the locations to affect the ticket price. 
 
     
     
       3. The ticket transfer system of  claim 2 , further comprising:
 logic adapted to apply traffic conditions to identify the potential buyers of the ticket. 
 
     
     
       4. The ticket transfer system of  claim 1 , further comprising:
 logic adapted to apply bid velocity or bid acceleration for the ticket to the displayed price. 
 
     
     
       5. The ticket transfer system of  claim 1 , further comprising:
 logic adapted to apply bidding history for tickets having similar properties as the ticket to affect the displayed price.